RVNL gets Rs 17.13 lakh service tax demand from Chennai authorities

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RVNL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+4.1%Reaction day

₹319.15

prior close

₹333.00

announcement price

In-mkt

timing

Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+0.8%+3.3% vs market

Civil Construction peers, median of 98sector+1.2%+2.9% vs sector

On the reaction day the stock moved 3.3 pts more than Nifty Midcap 150 and 2.9 pts more than its Civil Construction peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Sessions after the filingfrom the prior close

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Reaction day

+4.1+0.8+3.3+1.2+2.9

Next day

+7.3+0.9+6.4+1.0+6.4

+8.0+0.5+7.5+1.2+6.8

+21.3+0.2+21.1+0.5+20.9

+15.0-0.2+15.2-0.4+15.3

+12.8-0.4+13.2-0.9+13.7

+13.5+1.0+12.5+0.6+12.9

15d

+3.3-1.0+4.3-5.3+8.6

+3.5-3.5+6.9-9.4+12.9

+0.4-1.2+1.6-10.4+10.8

-21.7-12.2-9.5-21.5-0.2

UpDownMarket · Nifty Midcap 150Sector · Civil Construction peers, median of 98Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

RVNL received a demand notice of Rs 17.13 lakhs from the Assistant Commissioner (Service Tax) in Alwarpet, Chennai under a DRC-07 order dated December 22, 2025. The company has stated there is no material impact on its financials, operations, or other activities, and that it is filing or has filed appeals with the appropriate jurisdictional appellate authorities to challenge the order.

Likely market impact

Minor demand; company says no material impact and will appeal. Unlikely to affect the stock.